CNBC Daily Open: U.S. CEOs feel more upbeat on economy
Publishing timestamp: 2024-03-07 20:23:12
Summary
Wall Street hit new highs with S&P 500 and Nasdaq reaching record levels. Federal Reserve Chair Jerome Powell hinted at potential rate cuts. Southeast Asia's smartphone market is booming while China's remains weak. Rivian shares spiked after revealing new vehicles and cost savings. Goldman Sachs highlighted stocks with high upside potential. American CEOs are optimistic about the economy. Fed survey showed positive economic outlook with inflation pressures still present.
Sentiment: POSITIVE
Tickers: .N225, SAVE, MSFT, AAPL, .DJI, .SPX, SPGI, BTC.CM=, RIVN, .HSI, .IXIC, MCO,
Keywords: apple inc, business news, japan, economic events, rivian automotive inc, markets, s&p 500 index, nasdaq composite, microsoft corp, spirit airlines inc, hang seng index, s&p global inc, jerome powell, bitcoin/usd coin metrics, nikkei 225 index, china, prices, world markets, united states, moody's corp, dow jones industrial average,
Source: https://www.cnbc.com/2024/03/08/cnbc-daily-open-us-ceos-feel-more-upbeat-on-economy.html